560 Yosemite Avenue, Mountain View, California 94041, Mountain View, 94041 - 3 bed, 1 bath
560 Yosemite Avenue
Mountain View, California 94041
Property Price
SUMMARY
Analysis of 560 Yosemite Avenue, Mountain View, California 94041 reveals a property with a current list price of $2,298,000, which is 7% above the estimated $2,124,612 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Mountain View Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 560 Yosemite Avenue Subject | $2,298,000* List Price | 3 | 1 | 1,409 | $1,508 | - |
A 495 Pettis Avenue Sold | $1,640,000 | 2 | 2 | 1,155 | $1,420 | 0.7 mi |
B 260 Velarde Street Sold | $1,775,000 | 2 | 1 | 1,039 | $1,708 | 0.4 mi |
C 545 Fairmont Avenue Pending | $2,099,888 List Price | 3 | 2 | 1,275 | $1,647 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1928, this 96-year-old property, with only 1 bathroom for 3 bedrooms, is highly indicative of a home that requires substantial repairs and rehabilitation to meet modern standards. Without any provided images or renovation history, it's assumed that the kitchen, bathroom, electrical, plumbing, and HVAC systems are significantly outdated or original, necessitating major updates for safety, comfort, and functionality. The high list price in Mountain View likely reflects the land value rather than the condition of the existing structure.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silicon Valley Location
Situated in highly desirable Mountain View, 94041, offering unparalleled access to tech hubs, top-tier amenities, and a strong community, ensuring robust long-term value.
- Historic Charm & Character
Built in 1928, the property likely boasts unique architectural details and a sense of history, appealing to buyers seeking a home with distinct character rather than a modern build.
- Lot Development Potential
The 4,792 sqft lot provides ample space for potential expansion, addition of an Accessory Dwelling Unit (ADU), or significant landscaping enhancements, adding future value.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom for three bedrooms, the property presents a significant functional limitation for modern living and will likely necessitate a costly renovation to add another bathroom.
- Age-Related System Updates
Built in 1928, the home's original systems (plumbing, electrical, HVAC, roof) are likely outdated and will require substantial capital investment for modernization and deferred maintenance.
- High Price Point for Condition
The $2.298M list price for a 1,409 sqft, 1-bath home built in 1928 suggests a premium primarily for the land and location, implying that significant additional investment will be required to bring the interior to modern standards.
About 560 Yosemite Avenue
Exceptional opportunity in Mountain View. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 29% |
| Square foot | 1,409 | 1,409 | 50% |
| Lot Size | 4,792 | 4,792 | 50% |
| Price | $2.30M | $2.30M | 43% |
| Price per sq ft | $1.6K | $1.5K | 57% |
| Built year | 1928 | 1995 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 667 | 120 | 0% |
Pricing History
Listed for Sale
May 9, 2024
$2,298,000
Initial Listing